Global Modified Atmosphere Packaging Market, By Materials (PVC, Ethylene Vinyl Alcohol, PET, PP, PE, OPS, Polyamide), Packaging Gas (Carbon-Dioxide, Oxygen, Nitrogen, Others), Machine (Horizontal and Vertical Flow Packaging Machine, Deep-Drawing Machine, Tray-Sealing Machine, Bag-Sealing Machine, Vacuum Chamber Machine, Others), Application (Poultry, Seafood and Meat Products, Bakery and Confectionary, Convenience Food, Fruits and Vegetables, Dairy Products, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029
Market Analysis and Insights : Global Modified Atmosphere Packaging Market
The modified atmosphere packaging market is expected to witness market growth at a rate of approximately 3.40% in the forecast period of 2022 to 2029. Data Bridge Market Research report on modified atmosphere packaging market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rapid urbanization globally is escalating the growth of modified atmosphere packaging market.
Modified atmosphere packaging refers to a kind of packaging that includes replacing the air surrounding around the product with a single gas or a mixture of a number of gases. The process generally assists in maintaining the freshness of the product till it reaches the consumer. This packaging helps in the preservation of the nutritional value, and maintenance of the visual and textural integrity of the product.
The increase in demand for fresh and quality packaged food across the globe acts as one of the major factors driving the growth of modified atmosphere packaging market. The on-the-go lifestyle to impelling the growth of the food packaging technology and equipment sector, and rise in the shift towards easy-to-handle and convenient packaging accelerate the market growth. The rise in the merger and acquisition to support new demands and, surge in manufacturers’ demand for a longer shelf-life further influence the market. Additionally, change in consumer preference, increase in knowledge about preventive packaging, breakthrough in new technologies, growth in awareness and consumer gaining confidence on food safety positively affect the modified atmosphere packaging market. Furthermore, packaging as a tool for product differentiation extend profitable opportunities to the market players in the forecast period of 2022 to 2029.
On the other hand, high cost of development and stringent environmental legislations are expected to obstruct the market growth. Providing the right mix of gases in map technology and high level of competition in the modified atmosphere packaging industry are projected to challenge the modified atmosphere packaging market in the forecast period of 2022-2029.
This modified atmosphere packaging market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on modified atmosphere packaging market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Modified Atmosphere Packaging Market Scope and Market Size
The modified atmosphere packaging market is segmented on the basis of materials, packaging gas, machine and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of materials, the modified atmosphere packaging market is segmented into PVC, ethylene vinyl alcohol, PET, PP, PE, OPS and polyamide.
- On the basis of packaging gas, the modified atmosphere packaging market is segmented into carbon-dioxide, oxygen, nitrogen and others.
- On the basis of machine, the modified atmosphere packaging market is segmented into horizontal & vertical flow packaging machine, deep-drawing machine, tray-sealing machine, bag-sealing machine, vacuum chamber machine and others.
- On the basis of application, the modified atmosphere packaging market is segmented into poultry, seafood and meat products, bakery and confectionary, convenience food, fruits and vegetables, dairy products and others.
Modified Atmosphere Packaging Market Country Level Analysis
The modified atmosphere packaging market is analyzed and market size, volume information is provided by country, materials, packaging gas, machine and application as referenced above.
The countries covered in the global modified atmosphere packaging market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Europe dominates the modified atmosphere packaging market due to the high production and export of pork and beef within the region. Asia-Pacific is expected to witness fastest growth during the forecast period of 2022 to 2029 because of the growing urban population and high disposable income in the region.
The country section of the modified atmosphere packaging market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Modified Atmosphere Packaging Market Share Analysis
The modified atmosphere packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to modified atmosphere packaging market.
Some of the major players operating in the modified atmosphere packaging market report are Klöckner Pentaplast, Filtration Group., Linde plc, Berry Global Inc., Barry-Wehmiller Companies, Mocon Denmark Holding ApS, Air Products and Chemicals, Inc, Amcor Limited, Bemis Company Inc., COVERIS, CVP® Systems LLC., Ilapak, ORICS, Praxair Technology Inc., Reiser, Sealed Air, Total Packaging Solutions, LLC and WINPAK LTD, among others.
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